Vaccine Usage Slows in Second Quarter

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The Vetalytix Report: Overall clinical volume rises more than 5% nationwide, but growth isn’t as strong among East Coast practices.

Welcome to The Vetalytix Report for the second quarter of 2019. In the tables that follow, we reaffirm a consistent theme that no two markets for veterinary medicine are identical and that the practices that serve those markets face unique challenges. For the independent practice to thrive in today’s hypercompetitive environment, it’s critical to understand the definition of what’s economically “normal” within your relevant geography.

As 2018 ended and rolled into the current year, many values from the Vetalytix dataset inferred possible slowing in several markets. What does the data suggest for the second quarter of 2019 in your area?

How to Read the Data

The Vetalytix Report highlights the change in volume in eight keystone areas of clinical practice. The values expressed represent the percentage increase or decrease in overall volume when compared with the same period of the prior year (second quarter of 2018).

Conclusions

Second-quarter data suggest that U.S. veterinary medicine continues to grow in 2019, but inconsistencies exist between geographic regions, affecting important segments of clinical practice. A few observations are:

  • Overall clinical volume: Second-quarter growth was positive in all regions, varying from 2.9% to 6.8% for the reporting period.
  • Vaccine volume: With the exception of canine influenza, which varies significantly with outbreak incidence, the overall vaccine volume in the second quarter was subpar. Nationwide, both canine and feline core vaccines, as well as canine respiratory vaccines, saw a decline in utilization compared with the second quarter of 2018.
  • Procedural volume and the surgical suite: Growth in inhalant utilization increased greatly in the second quarter, but the numbers should be looked at with a grain of caution. While volume was significantly higher compared with the second quarter of 2018, the absolute number was at a level consistent with 2017 values. The reported growth in this period is more suggestive of a rebound from 2018 as opposed to significant organic growth. We will follow this value closely in the coming months.
  • The East Coast: If any region stands out, it is the Eastern Seaboard. For more than a year, the Middle Atlantic region has been challenged with multiple declining values across the Vetalytix dataset. Unfortunately, the second quarter of 2019 reflected
    more of the same.

What will the rest of 2019 hold for veterinary practices? Will a recession begin, or will growth continue unbounded? We will have to wait and see what the second half of the year holds for veterinary medicine.

New England

Q2 2019

Q2 2019 National

Veterinary Consumption
Index (overall clinical volume)
2.9% 5.4%
Canine Core Vaccine Doses –6.5% –1.4%
Canine Flu Vaccine Doses >20% >12%
Canine Respiratory Disease Vaccine Doses 0.3% –1.1%
Feline Core Vaccine Doses –9.1% –1.2%
Advanced Procedural Volume
(inhalant anesthetic dynamics)
>12% >12%
Flea and Tick Preventive Doses –6.6% –0.9%
Canine Heartworm Preventive Doses 7.1% 3.7%
 

Middle Atlantic

 

Q2 2019

 

Q2 2019 National

Veterinary Consumption
Index (overall clinical volume)
4.2% 5.4%
Canine Core Vaccine Doses –1.4% –1.4%
Canine Flu Vaccine Doses –19.3% >12%
Canine Respiratory Disease Vaccine Doses –0.1% –1.1%
Feline Core Vaccine Doses –1.8% –1.2%
Advanced Procedural Volume
(inhalant anesthetic dynamics)
5.3% >12%
Flea and Tick Preventive Doses –6.7% –0.9%
Canine Heartworm Preventive Doses 1.2% 3.7%
 

South Atlantic

 

Q2 2019

 

Q2 2019 National

Veterinary Consumption
Index (overall clinical volume)
4.1% 5.4%
Canine Core Vaccine Doses –1.4% –1.4%
Canine Flu Vaccine Doses 12.2% >12%
Canine Respiratory Disease Vaccine Doses –1.6% –1.1%
Feline Core Vaccine Doses –3.3% –1.2%
Advanced Procedural Volume
(inhalant anesthetic dynamics)
>12% >12%
Flea and Tick Preventive Doses –0.7% –0.9%
Canine Heartworm Preventive Doses 2.2% 3.7%
 

East North Central

 

Q2 2019

 

Q2 2019 National

Veterinary Consumption
Index (overall clinical volume)
5.7% 5.4%
Canine Core Vaccine Doses 0.4% –1.4%
Canine Flu Vaccine Doses >20% >12%
Canine Respiratory Disease Vaccine Doses –0.5% –1.1%
Feline Core Vaccine Doses –3.9% –1.2%
Advanced Procedural Volume
(inhalant anesthetic dynamics)
>12% >12%
Flea and Tick Preventive Doses 0.2% –0.9%
Canine Heartworm Preventive Doses 7.5% 3.7%
 

West North Central

 

Q2 2019

 

Q2 2019 National

Veterinary Consumption
Index (overall clinical volume)
5.2% 5.4%
Canine Core Vaccine Doses 3.9% –1.4%
Canine Flu Vaccine Doses 14.6% >12%
Canine Respiratory Disease Vaccine Doses 2.1% –1.1%
Feline Core Vaccine Doses 0.3% –1.2%
Advanced Procedural Volume
(inhalant anesthetic dynamics)
>12% >12%
Flea and Tick Preventive Doses –1.4% –0.9%
Canine Heartworm Preventive Doses 5.1% 3.7%
 

East South Central

 

Q2 2019

 

Q2 2019 National

Veterinary Consumption
Index (overall clinical volume)
6.8% 5.4%
Canine Core Vaccine Doses –2.9% –1.4%
Canine Flu Vaccine Doses >2.9% >12%
Canine Respiratory Disease Vaccine Doses –7.1% –1.1%
Feline Core Vaccine Doses –2.0% –1.2%
Advanced Procedural Volume
(inhalant anesthetic dynamics)
>12% >12%
Flea and Tick Preventive Doses –1.5% –0.9%
Canine Heartworm Preventive Doses 2.5% 3.7%

 

West South Central

Q2 2019

Q2 2019 National

Veterinary Consumption
Index (overall clinical volume)
6.1% 5.4%
Canine Core Vaccine Doses –3.4% –1.4%
Canine Flu Vaccine Doses 13.2% >12%
Canine Respiratory Disease Vaccine Doses –2.3% –1.1%
Feline Core Vaccine Doses 3.7% –1.2%
Advanced Procedural Volume
(inhalant anesthetic dynamics)
>12% >12%
Flea and Tick Preventive Doses 2.2% –0.9%
Canine Heartworm Preventive Doses 2.3% 3.7%
 

Mountain

 

Q2 2019

 

Q2 2019 National

Veterinary Consumption
Index (overall clinical volume)
8.2% 5.4%
Canine Core Vaccine Doses 2.5% –1.4%
Canine Flu Vaccine Doses 7.5% >12%
Canine Respiratory Disease Vaccine Doses 2.89% –1.1%
Feline Core Vaccine Doses 5.6% –1.2%
Advanced Procedural Volume
(inhalant anesthetic dynamics)
12% >12%
Flea and Tick Preventive Doses 9.3% –0.9%
Canine Heartworm Preventive Doses >12% >37%
 

Pacific

 

Q2 2019

 

Q2 2019 National

Veterinary Consumption
Index (overall clinical volume)
6.2% 5.4%
Canine Core Vaccine Doses –4.1% –1.4%
Canine Flu Vaccine Doses 9.7% >12%
Canine Respiratory Disease Vaccine Doses –0.8% –1.1%
Feline Core Vaccine Doses 0.9% –1.2%
Advanced Procedural Volume
(inhalant anesthetic dynamics)
8.1% >12%
Flea and Tick Preventive Doses –2.5% –0.9%
Canine Heartworm Preventive Doses –2.4% 3.7%